A client of mine told a writer about his experience #buying a business from Transworld. Here is the story: After 30 years of telecom and network systems work in corporate America, John Smee was ready for a change. He’d thought plenty of times before how nice it would be to find a little operation of […]
Central Florida News and Related Articles for Business
You get what you pay for? It works with #BusinessBrokers too!
YOU GET WHAT YOU PAY FOR. I had a customer walk in my office yesterday. Seems she had been listed with another brokerage for over a year and it hadn’t sold. I had asked the day prior to send me her financials so i could prepare for the meeting. When i looked at the listing […]
Confidentiality …..dont tell anyone (this includes friends, family, priest, and your dog)
So yesterday we are wrapping up final details on a sale and the seller wants to announce to her employees and her customers she has sold the business (the deal hasn’t closed yet). Seems she felt she owed it to them! In short this is bovine feces. Every seller feels like they are the end […]
The 10 Commandments of Buying a business
Everyone is an expert it seems at buying a #business. Particularly those who have no skin in the game like family and friends. The single most important thing in #buyingabusiness is being educated. The best resource I found when I first started in this business was http://WWW.DIOMO.COM . Richie Parker’s course was a resource I still […]
Corporate Buyer….learn your lessons and be careful with your “experience”
I just left a buyer meeting this morning at 7:30. Another broker brought a buyer who I have met before and by his own admittance has looked at over 35 businesses (hint #1). Nice enough gentleman and in course of his introduction to the seller proceeded to give his corporate resume and disgust with small […]